Insurance - look out for these warning signs
Andrew Bourne & Co. want to ensure that you have the right insurance policies in place. We don’t want you to pay too much for your insurance, but equally we don’t want you to think you are saving money – only to discover you are under insured in the event of having to make a claim. In short you deserve a policy that suits your exact requirements.
Based in Oadby, Leicester, we have been helping business owners and households across the East Midlands and beyond since 1985.
Proud of our independence, we are confident we can find you the best deals and most comprehensive cover available - whatever type of insurance you require. Contact us today for a quote or to arrange a visit to review your current insurance situation.
People rarely give insurance much thought – except when they need to make a claim. Unfortunately, it is only when this happens that some companies discover that the money they have been paying out all these years doesn’t actually provide the level of cover they had anticipated.
Here are 5 warning signs to look out for:
- Too Cheap
If one of your quotes seems out of step with the rest, it may be that one company is doing you a great deal OR it might be that they are offering you a different level of cover from their competitors. Make sure you have the cover you need - not just the cheapest quote.
- Nobody Pays Attention
If you have been with the same company for years, you may just accept a small annual increase every year. In fact, they may be missing out on new developments in your business - which means that the quote could be either too expensive or too cheap to offer adequate cover.
- Standard Policy
You wouldn’t just buy any suit; you would expect it to fit your measurements. Make sure that your policy is tailored to your requirements rather than just a one-size-fits-all.
- Covered For The Right Areas
As a business owner, you are expected by law to take out certain covers. If you don’t, you could be prosecuted or could even go to prison. Make sure you speak to a broker who understands not only what you want, but more importantly, what you need.
- Renewal Dates
Ensure that you work with a broker who allows sufficient time to conduct and complete your renewal negotiations, not one that comes back at the last minute when you are unable to make an informed decision